Tag: United States
Impact of US Tariffs on Eurozone Growth and Inflation: Analysis by ECB’s Cipollone
US Tariffs Could Impact Eurozone Growth and Inflation: ECB's CipolloneIn a recent analysis by Piero Cipollone, an Executive Board Member of the European Central Bank (ECB), the potential economic implications of US tariffs on...
Federal Reserve’s Williams Discusses Transition to Neutral Policy, Data-Driven Timing – Action Forex
Federal Reserve's Williams Discusses Transition to Neutral PolicyNew York Fed President John Williams addressed the public in a speech yesterday, shedding light on the Federal Reserve's plans to shift towards a more neutral monetary...
US Dollar Index (DXY) Surges Amid Trump’s BRICS Warning and French Uncertainty – Action...
US Dollar Index (DXY) Surges Amid Trump's BRICS Warning and French Uncertainty - Action ForexThe US Dollar Index (DXY) is making headlines once again as it surged following comments made by President Elect Donald...
Russell 2000 Forecast: Potential All-Time High in Sight – Action Forex
Russell 2000 Forecast: Potential All-Time High on the HorizonThe Russell 2000 index, comprising small-cap listed companies in the US, has been making waves in the stock market with its recent stellar performance. Since the...
US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook
US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However, the US dollar weakened as expectations of a December rate...
US Personal Income Rises 0.6% in October, Core PCE Inflation Reaches 2.8% Year-Over-Year
In October, personal income in the United States increased by 0.6% compared to the previous month, surpassing the expected 0.3% rise. This growth amounted to a total increase of $147.4 billion. At the same...
Sunset Market Analysis: Actionable Insights for Forex Traders
The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a plan to reduce the government deficit to 3% of GDP,...
EUR/USD Hits New Low in 2023 – Forex Trading Analysis
The latest PMI figures were just released, and unfortunately, they were not as positive as analysts had hoped. Both the Flash Manufacturing PMI and Flash Services PMI for Germany and France fell below the...
Gold (XAUUSD) Elliott Wave Analysis: Next Leg Higher – Action Forex
Gold (XAUUSD) has been showing an interesting Elliott Wave pattern in the short term. The recent rally ended at 2790.07, marking the completion of wave ((3)). This was followed by a pullback in wave...
AUD/USD Recovery Faces Headwinds: Upside Still Restricted – Forecast and Analysis
The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...